FXOpen Adds New Features to Cryptocurrency Trading Accounts

FXOpen, a leading broker and B2B liquidity provider, continues to enhance its trading environment by adapting it in response to the ever-increasing focus on the cryptocurrency trading in the Forex market. Since the launch of the Crypto accounts in early February, the company has upgraded their functionality and added a number of useful new features.

April 11, 2014 - PRLog -- “Cryptocurrency, and in particular Bitcoin trading, is the latest trend in the foreign exchange market and FXOpen makes every effort to keep pace with the requirements of today’s Forex community. As a result of this increasedinterest FXOpen has focused its efforts into improving its trading terms and conditions for transactions in Bitcoins, Litecoins and other digital currencies,” commented Denis Peganov, FXOpen NZ Limited Director.

FXOpen has recently implemented some advanced features associated with e-currency trading into their newly-introduced Crypto accounts, with many of those features based on client feedback and suggestions:

- No swap charges: FXOpen clients are able to keep their positions open in Crypto accounts overnight without paying extra;

- 24/7 cryptocurrency trading: FXOpen clients are able to transact in Crypto accounts around-the-clock 7 days a week;

- No-commission deposits in Bitcoin, Litecoin, and Namecoin: FXOpen clients are able to deposit funds into Crypto accounts without a fee;

- Demo-testing of cryptocurrency trading: FXOpen clients are able to test Bitcoin trading (BTC/USD) in the MT4 ECN Demo terminal.

“We have already introduced 13 cryptocurrency pairs and the list of trading tools for Crypro accounts is being expanded,” continues Peganov. “The minimal contract size of 0.01 lot shall also be seen as an advantage. Taken together, all of the above benefits should inject greater confidence into the digital currency trading that was first initiated with Bitcoin, and soon followed by Namecoin, Litecoin, Peercoin, and others.”

FXOpen also offers a referral program for Crypto accounts, thus providing conditions for getting a stable source of revenue. As part of this program an Agent brings in new clients to cryptocurrency trading and gets commission from each trade they close. There are three levels of remuneration that allow earnings of 100%, 25% or 10% of partnership commission.

“We aim to contribute to our clients’ and partners’ profitable trading by introducing advanced technological solutions. In the future we plan to continue to enhance the product with further innovations so our clients can explore Bitcoin and other virtual currencies with a greater understanding,” concluded Peganov.

FXOpen is a reputable Forex brokerage company operating since 2003. The company has expanded its footprint in the global markets as a retail broker and an innovator of Forex-related services and technologies. Having accumulated vast experience in the industry, FXOpen has entered the foreign exchange market as a B2B liquidity provider. The company is regulated and provides transparent partnership terms.